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ZURICH (Reuters) -Nestle intends to keep its Health Science unit, Chairman Paul Bulcke said in a newspaper interview published on Sunday, after the food giant announced it was replacing its CEO ...
Nestle's unit will pay an undisclosed payment to Massachusetts-based Seres, and the drug maker will also receive capital infusions, the companies said. Vowst fits within Nestle Health Science's ...
Consequently, the firm will reportedly focus investment on sectors such as coffee and pet care and will seek acquisitions in the consumer health-care industry. [60] In 2016, Nestlé and PAI Partners establish a joint venture, Froneri, to combine the two companies' ice cream activities throughout Europe and other international countries. [61]
The company raised over $130M as a private company, including a $65M investment from Nestle Health Sciences. [7] Seres publicly listed on the Nasdaq under the symbol MCRB in June 2015, raising $134M. [8] Seres signed a partnership valued at $2B with Nestle Health Sciences in early 2016. [9]
In early 2013, Pamlab was purchased by Nestlé Health Science. [2] In December 2016, Pamlab was purchased by Alfasigma Group of Bologna, Italy. [3] Legal actions.
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Nestle also agreed to refrain from asserting that the drink would reduce children's sick-day absences and the duration of acute diarrhea in children up to age 13 unless the claims are backed by at least two "well-designed human clinical studies."
Cheerios [5] (in non-US/Canadian markets joint venture between General Mills and Nestlé) Chocapic [19] Cini Minis [20] Clusters [21] Cookie Crisp (in non-US/Canadian markets joint venture between General Mills and Nestlé) Curiously Strawberry [22] Curiously Cinnamon [23] (in non-US/Canadian markets joint venture between General Mills and Nestlé)